Xencor inc (XNCR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities
Net income (loss)

-8,074

-26,912

-10,225

-16,033

80,045

-18,199

3,151

-25,868

-29,493

7,367

-22,653

-7,725

-15,475

12,435

-8,077

47,165

-6,398

7,757

-10,037

-8,868

-6,444

-1,349

-6,278

-5,044

-3,751

-3,703

-1,835

-50,109

-4,612

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization

1,373

1,225

1,070

1,007

996

883

816

822

730

610

556

454

410

467

371

346

282

345

274

254

240

261

135

166

320

278

134

160

139

Accretion of discount on marketable securities

573

988

1,457

1,275

601

462

338

74

-480

-697

-792

-697

-659

-639

-522

-450

-426

-454

-402

-177

-63

-

-

-

-

-

-

-

-

Stock-based compensation

6,512

7,178

9,514

9,303

5,856

5,075

6,120

4,882

4,471

3,440

3,604

3,449

3,158

1,990

1,865

2,033

1,960

1,483

1,086

1,193

1,107

751

471

361

278

144

44

5

5

Abandonment of capitalized intangible assets

28

85

25

32

58

82

68

45

5

127

48

216

9

249

62

36

9

16

226

17

37

13

365

121

10

-36

65

8

168

Equity received in connection with license agreement

4,589

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity security

-2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8

1

-

-

-

-

0

4

3

9

Loss on sale of marketable securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

3

0

3

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest on convertible promissory notes (See Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-551

-660

Changes in operating assets and liabilities:
Accounts receivable

-14,749

17,224

-5,781

-127,611

127,489

7,725

1,180

184

-44

311

-14,045

7,938

-1,678

5,528

-147,266

149,706

604

-364

-45

42

-2,555

2,947

-41

-451

452

61

0

-526

172

Interest receivable

-215

384

-151

185

-31

-89

29

286

309

-295

444

-347

505

68

701

-119

-41

239

-11

524

146

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-71

-985

-3,775

1,874

-942

-1,766

67

5,425

1,043

-1,266

-756

3,262

1,465

-588

1,257

348

683

353

177

396

142

11

-238

201

99

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-50

-

-

-

-

Accounts payable

124

1,884

-689

3,508

1,689

-2,186

1,067

-3,607

1,654

267

-778

3,105

395

-3,454

-360

3,403

-2,109

1,293

2,030

688

699

-407

723

-730

-529

-727

585

-149

1,610

Accrued expenses

-1,703

1,163

1,606

521

-3,957

3,990

-251

1,312

-869

844

652

-2,518

-190

156

3,259

886

-1,243

-183

1,280

851

-523

487

434

-134

72

606

-28

96

-565

Income taxes

-

-

-400

704

900

-1

1

0

-157

156

-455

280

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-68

260

-36

242

230

371

18

-30

-27

-9

-27

-26

-23

-22

64

553

-

-

-

-

-

-

-

-

Lease liabilities and ROU assets

-54

-49

-45

1,707

-259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-955

-1,061

-586

-14,362

23,061

-

-

-

-

-20,050

-1

1

700

-22,240

-7,483

84,493

-5,952

-14,755

44,406

-322

-91

-2,702

-849

-713

-892

-1,725

-2,161

1,589

4,422

Net cash provided by (used in) operating activities

9,460

-19,577

-6,477

109,156

-18,728

-16,781

-10,311

-28,419

-24,245

-6,666

-3,509

-12,876

-10,546

-15,167

134,074

-9,369

-14,300

-3,845

39,520

-6,916

-2,093

-5,864

-4,720

-5,774

-4,993

-4,148

-4,112

1,161

1,646

Cash flows from investing activities
Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8

1

-

-

-

-

0

4

3

9

Purchase of marketable securities

142,477

144,681

107,675

194,643

49,856

46,714

45,317

254,112

31,697

27,326

15,763

26,452

6,988

114,002

195,024

-9,217

16,340

47,309

20,161

100,415

47,913

-

-

-

-

-

-

-

-

Purchase of intangible assets

538

753

768

1,113

1,051

633

420

493

389

447

428

390

702

295

446

418

343

525

305

344

571

368

349

406

382

11

288

338

521

Purchase of property and equipment

2,073

2,910

2,576

1,452

415

2,787

1,009

1,070

2,346

1,479

2,576

762

494

274

740

176

317

206

609

540

575

220

224

270

66

0

100

0

36

Proceeds maturities of marketable securities

157,653

164,071

133,079

94,778

64,995

56,991

52,608

65,506

47,020

38,191

23,700

36,955

16,911

10,300

68,545

0

26,660

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayment of (investment in) loan receivable

-

-

-

-

-

0

0

0

-86

0

0

-88

174

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

12,565

15,727

22,060

-102,430

13,673

6,866

5,862

-190,169

12,674

8,939

4,933

9,439

8,553

-104,892

-127,665

8,623

9,660

-41,690

6,933

-101,291

-49,058

-587

-573

-675

-448

-11

-384

-335

-548

Cash flows from financing activities
Proceeds from issuance of common stock upon exercise of stock awards

1,471

2,314

3,049

3,239

667

549

4,153

1,805

1,110

128

989

654

1,026

212

501

247

200

11

114

249

180

1

-129

133

4

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

0

0

0

260,245

-

-

-

-

-

-

-

-

0

0

0

122,906

-

-

-

-

-

-

-

-

Common stock issuance costs

-

-

-

-

-

0

0

1

14,740

-

-

-

-

-

-

-

-

0

0

166

7,536

-

-

-

-

-

-

-

-

Net cash provided by financing activities

1,471

2,973

3,049

3,973

667

1,165

4,153

2,308

246,615

621

990

1,096

1,026

119,800

501

473

200

387

114

330

115,550

177

-2

131

2

72,513

2,369

7,514

-2

Payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

3

2

2

7

-1

2

2

Net increase in cash and cash equivalents

23,496

-877

18,632

10,699

-4,388

-8,750

-296

-216,280

235,044

2,894

2,414

-2,341

-967

-259

6,910

-273

-4,440

-45,148

46,567

-107,877

64,399

-40,378

28,809

-6,318

-5,439

82,972

-16,745

8,340

1,096

Supplemental disclosures of cash flow information
Cash paid for:
Interest

6

0

4

3

4

7

3

3

3

5

3

2

3

-

-

-

-

-

-

-

-

-

-

3

2

-

-

-

-

Income taxes

-

-

-

-

-

63

0

0

170

179

730

0

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosures of non-cash investing activities
Net unrealized gain (loss) on marketable securities, net of tax

-105

-275

-193

1,284

1,316

1,367

-330

193

-393

-711

143

-44

245

-1,191

-466

113

619

-510

-96

55

35

-

-

-

-

-

-

-

-

Common stock issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

166

-

-

-

-

-

-

-

-